1,486 Shares in Vistra Corp. $VST Acquired by Maia Wealth LLC

Maia Wealth LLC acquired a new stake in shares of Vistra Corp. (NYSE:VST) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,486 shares of the company’s stock, valued at approximately $288,000.

Several other large investors have also made changes to their positions in the business. Banque Transatlantique SA raised its holdings in shares of Vistra by 132.0% during the first quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after purchasing an additional 132 shares during the last quarter. Anfield Capital Management LLC acquired a new stake in Vistra during the 2nd quarter worth about $29,000. City State Bank grew its position in Vistra by 210.0% during the 2nd quarter. City State Bank now owns 155 shares of the company’s stock worth $30,000 after purchasing an additional 105 shares during the period. Keener Financial Planning LLC purchased a new position in shares of Vistra during the 1st quarter valued at about $34,000. Finally, WPG Advisers LLC acquired a new position in shares of Vistra in the 1st quarter valued at about $37,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Trading Up 3.7%

Shares of NYSE:VST opened at $177.14 on Thursday. The business’s 50 day moving average price is $193.22 and its 200-day moving average price is $188.63. Vistra Corp. has a 1 year low of $90.51 and a 1 year high of $219.82. The firm has a market capitalization of $60.02 billion, a price-to-earnings ratio of 63.95, a price-to-earnings-growth ratio of 2.13 and a beta of 1.30. The company has a debt-to-equity ratio of 5.74, a current ratio of 0.99 and a quick ratio of 0.88.

Vistra (NYSE:VST) last issued its quarterly earnings results on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.03). The company had revenue of $4.97 billion during the quarter, compared to analysts’ expectations of $6.60 billion. Vistra had a return on equity of 64.04% and a net margin of 6.70%. On average, equities research analysts forecast that Vistra Corp. will post 7 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be paid a dividend of $0.227 per share. This is an increase from Vistra’s previous quarterly dividend of $0.23. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, December 22nd. Vistra’s dividend payout ratio is presently 32.49%.

Insider Buying and Selling

In related news, EVP Carrie Lee Kirby sold 58,275 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $174.75, for a total value of $10,183,556.25. Following the transaction, the executive vice president directly owned 218,239 shares of the company’s stock, valued at approximately $38,137,265.25. This trade represents a 21.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $168.86, for a total value of $9,456,160.00. Following the completion of the sale, the executive vice president owned 306,600 shares in the company, valued at approximately $51,772,476. The trade was a 15.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 868,339 shares of company stock worth $173,242,584 in the last 90 days. Insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on VST shares. Wall Street Zen lowered Vistra from a “hold” rating to a “sell” rating in a report on Friday, September 5th. Morgan Stanley restated an “overweight” rating and issued a $225.00 price objective on shares of Vistra in a research report on Thursday, November 20th. JPMorgan Chase & Co. lifted their target price on shares of Vistra from $227.00 to $248.00 and gave the company an “overweight” rating in a report on Wednesday, September 24th. Daiwa America upgraded shares of Vistra from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Finally, Melius assumed coverage on shares of Vistra in a report on Wednesday, August 20th. They issued a “buy” rating and a $295.00 price objective for the company. Four research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $233.20.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.